HyperliquidHIP-4 event contracts were sold on the first day of launch, accounting for approximately 0.7% of the forecast market.

Hyperliquid, a decentralized trading platform, has officially launched the HIP-4 event contract. On the first trading day of launch, the nominal trading volume of this product reached 6.05 million contracts, accounting for approximately 0.7% of the forecast market volume that day. In comparison, the transaction scale of mainstream forecasting market platforms still leads significantly on the day: Kalshi has approximately 546 million contracts, Polymarket has approximately 190 million contracts, Limitless has approximately 68.26 million contracts, Crypto.com has approximately 28.2 million contracts, Opinion has approximately 25.72 million contracts, and Predict.fun has approximately 11.8 million contracts. Data shows that although Hyperliquid cut into the event contract track was small at the beginning, it has achieved cold-start trading volume, marking that it has officially entered the competitive landscape of the prediction market. In the short term, the head platform still occupies an absolute liquidity advantage, and subsequent growth depends on product design and user migration capabilities.